Category: ETH mining

China’s Zhejiang busts GPU miners earning crypto in government agencies

China’s Zhejiang busts GPU miners earning crypto in government agencies

Zhejiang, one of several coastal Chinese provinces that have been experiencing power shortages, has launched a probe into operations that are using public resources to mine cryptocurrencies. The Zhejiang Cyberspace Administration said in a blog post on Thursday that it started an investigation last month targeting those who are mining cryptocurrencies inside government and the […]

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China Crypto Ban: Biggest Ethereum (ETH) Mining Pool to Shut Down

The latest Chinese crypto ban has already led to several foreign crypto exchanges including Huobi and Binance to terminate their services for mainland China customers and now it seems mining pools are next. The biggest Ethereum (ETH) mining pool in the world is called SparkPool and it announced the suspension of services yesterday. pic.twitter.com/hLPamoSwk1 — […]

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China’s Inner Mongolia hires contractor to search for illegal crypto mining

China’s Inner Mongolia hires contractor to search for illegal crypto mining

The Development and Reformation Commission of China’s Inner Mongolia, previously one of the crypto mining hubs in China, said on Wednesday that it has hired a contractor to help the state monitor for illegal mining operations. The commission selected Inner Mongolia Mengze Engineering Management Limited, just one week after it opened the bid to the […]

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Nasdaq Listed Chinese SaaS Company Set to Acquire 5600 BTC & ETH Mining Rigs

Chinese Blockchain SaaS provider, Powerbridge Technologies Co., Ltd. has announced its recent partnership agreement with Cryptodigital Holdings Ltd. Both companies have signed a deal to buy a hefty figure of cryptocurrency mining machines. By October 2021, Powerbridge Technologies will bag a total of 5,600 Bitcoin (BTC) and Ethereum (ETH) Mining Rigs. Sustainable BTC & ETH […]

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Antivirus software company Norton now allows Ethereum mining via pool service

Antivirus software company Norton now allows Ethereum mining via pool service

NortonLifeLock, formerly Symantec Corporation, has released a new crypto product that allows users to mine ether (ETH) from their personal computers. The product, Norton Crypto, is currently available to select customers who use the company’s antivirus software called Norton 360. The public launch of the product is expected “in the coming weeks.“ How does the […]

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Nvidia weakens potential hash rate from GeForce chips to discourage miners from using its GPUs

Nvidia weakens potential hash rate from GeForce chips to discourage miners from using its GPUs

Computing hardware maker Nvidia is reducing the possible hash rate production of its GeForce graphics cards to discourage their use for mining. In an announcement from the firm Tuesday, it said the new, lower hash rate cards will start shipping in late May. The chipmaker sells GeForce model gaming computers (GPUs) in addition to separate, […]

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Bitmain Reveals New Antminer E9 Ethereum Miner, ASIC Device Commands 3 GH/s Hashrate

The cryptocurrency mining rig and ASIC chipmaker Bitmain revealed a new digital currency mining device that’s dedicated to mining ethereum. While the Ethereum network is slowly transitioning from proof-of-work (PoW) to a proof-of-stake (PoS) system, Bitmain’s new Antminer E9 aims to be one of the fastest ether miners on the open market. Antminer E9 Mining […]

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Hut 8 Purchases $30M Worth of Nvidia’s GPU Miners, Looks to Push Capacity to 1,600 Gigahash

On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine the crypto asset ethereum and Hut 8 expects its aggregate operational power will be 1,600 gigahash. Hut 8 Purchases $30 Million Worth of Nvidia’s Dedicated […]

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No, Chinese Ethereum miners didn’t crack Nvidia’s GPU hash rate limiter

On March 10, an anonymous tech Twitter account posted a dashboard screenshot with the caption “Dammit Chinese mod.” The tweet suggested that Chinese Ethereum miners successfully bypassed the restriction that Nvidia integrated into its RTX 3060 GPUs used to mine ETH. The screenshot showed that the RTX 3060 GPUs were delivering a usual hashing power […]

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